Solar Panel Cost Guide in Warren, MI (Dec 2022)

  • Warren Solar Installation Cost: $11,959
  • 25-Year Savings: $13,160
  • Payback Period: 11.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Warren

Find out what the average cost of solar panels are in Warren.

In Warren, solar panels cost about $3 per watt on average. Using this figure, a typical 6.1 would cost about $11,959 before the 30% federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what installation company you go with. With typical savings of about $16,000 on energy bills over 20 years, many homeowners in Warren find installing solar panels can pay off big.

To receive a free estimate from a pre-vetted solar company in Warren, you can click the button below.

Solar savings over time in Warren

Year Return on Investment
1 years $-10,955
3 years $-8,945
5 years $-6,935
7 years $-4,926
9 years $-2,916
11 years $-907
13 years $1,103
15 years $3,112
17 years $5,122
19 years $7,132
21 years $9,141
23 years $11,151
25 years $13,160

Top Solar Installers in Warren

Many homeowners decide to hire a solar panel company since trying to put up solar panels yourself can be a labor-intensive endeavor. Also, companies with a high reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.

If you're looking for a solar installer in Warren, the EcoWatch team has compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Solar Veteran

Michigan Solar Solutions

★★★★★
4.5

  • Great warranty coverage
  • Outstanding customer service
  • Offers products from leading manufacturers
  • Slightly limited service offerings
  • No leases or PPAs

Outstanding Local Installer

Strawberry Solar

★★★★★
4.5

  • Outstanding customer service
  • Representatives are experts on local policies
  • Educational, no-pressure sales approach
  • Limited warranty coverage
  • No leases or PPAs
  • Limited brands of solar equipment available

See all of the solar companies in Warren

Factors that Affect Solar Panel Costs in Warren

Even though the average cost of a solar system in Warren is $11,959, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.

Solar Equipment

The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,810. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar installers in Warren have solar loans, which reduce your upfront costs of installing solar. Even though solar loans make going solar more accessible for Warren homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Lastly, the company you get to install your solar panels can affect the cost. Warren's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Warren know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.92 $12,274 $12,529 12.4 years
8 kW $2.87 $16,051 $17,020 12.1 years
10 kW $2.81 $19,670 $21,668 11.9 years
12 kW $2.75 $23,132 $26,474 11.7 years
14 kW $2.70 $26,436 $31,437 11.4 years
16 kW $2.64 $29,584 $36,557 11.2 years
18 kW $2.59 $32,574 $41,835 10.9 years
20 kW $2.53 $35,406 $47,270 10.7 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:

  • Solar Panel Brands: The model of solar panel you want plays a role in which installer you should go with, since different companies have different panels.
  • Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
  • Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
  • Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Solar Veteran

Michigan Solar Solutions

★★★★★
4.5

  • Great warranty coverage
  • Outstanding customer service
  • Offers products from leading manufacturers
  • Slightly limited service offerings
  • No leases or PPAs

Outstanding Local Installer

Strawberry Solar

★★★★★
4.5

  • Outstanding customer service
  • Representatives are experts on local policies
  • Educational, no-pressure sales approach
  • Limited warranty coverage
  • No leases or PPAs
  • Limited brands of solar equipment available

EcoWatch's Warren, MI Solar Cost FAQs

How much does it cost to install solar panels in Warren?

The average cost of solar panels in Warren is about $14,050 for a 5-kW system and $28,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Warren?

Leasing solar panels can be an appealing choice, as it usually comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Can solar panels significantly reduce my energy bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners in Warren, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Warren?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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